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Sources: Bain Capital seeks to sell a stake of 40%+ in Bridge Data Centres in a deal that would value the Singapore-based data infrastructure builder at $5B (Reuters)
Sources: DeepSeek is fundraising to keep its researchers, some of whom have left for rivals whose valuations have soared; it is targeting a $20B valuation (Zijing Wu/Financial Times)
Filing: Netflix plans a $25B share buyback, adding to a Dec. 2024 program that still has $6.8B for purchases; NFLX is down 13% since its Q1 earnings on April 16 (Amy Thomson/Bloomberg)
S-1 excerpts: SpaceX says its total addressable market could be as much as $28.5T, with $26.5T from the AI sector, most of it from AI for businesses (Reuters)
Apple fixes a bug that stored notifications for deleted messages on iPhone and iPad, following a report that police used it to extract deleted Signal messages (Lorenzo Franceschi-Bicchierai/TechCrunch)
France-based Univity, which seeks to build 3,400 VLEO satellites to reduce Europe's reliance on Starlink, raised €27M, bringing its total funding to €68M (Gianluca Lo Nostro/Reuters)
Omni, which is building a "semantic translation layer" for enterprise data, raised a $120M Series C led by Iconiq at a $1.5B valuation, up from $650M in 2025 (Lily Mae Lazarus/Fortune)
Turkey's parliament passes a bill requiring social media and online game companies to restrict access for children under 15, following a school shooting (Andrew Wilks/Associated Press)
Anthropic and law firm Freshfields sign a deal to develop specialized legal AI tools for document drafting, contract review, due diligence, and more (Kaye Wiggins/Financial Times)
Cloudsmith, which is building a cloud-native system to manage software artifacts, raised a $72M Series C, following a $23M Series B in 2025 (Natalie Breymeyer/Axios)
Sam Bankman-Fried withdraws his request for a new trial, saying he doubts he would receive a fair hearing; his broader appeal remains pending (Olivier Acuna/CoinDesk)
Core Automation, co-founded by ex-OpenAI VP Jerry Tworek, launches to build "the world's most automated AI lab" with talent from OpenAI, Anthropic, and DeepMind (Business Insider)
Google says 75% of new code created inside the company is now generated by AI and reviewed by human engineers, up from 50% last fall (Hugh Langley/Business Insider)
OpenAI announces workspace agents in ChatGPT, letting teams create Codex-powered shared agents for complex tasks, and says they are "an evolution of GPTs" (OpenAI)
Sources: SpaceX isn't acquiring Cursor immediately because the deal could delay its IPO; Cursor is no longer proceeding with its reported $2B funding round (Bloomberg)
Meta unveils Live Chats on Threads for real-time conversations during cultural events, launching first within the NBA Threads community during the playoffs (Aisha Malik/TechCrunch)
OpenAI releases Privacy Filter, an open-weight model for masking personally identifiable information in text, with 1.5B total and 50M active parameters (OpenAI)
Sean Plankey, President Trump's pick to lead CISA, withdraws from consideration after resistance from Sen. Rick Scott stalled his nomination for over a year (Politico)
Sources: xAI held talks in recent weeks with Mistral and Cursor about a potential three-way partnership; Mistral co-founder Devendra Chaplot joined xAI in March (Grace Kay/Business Insider)
Texas Instruments reports Q1 revenue up 19% YoY to $4.83B, vs. $4.52B est., and forecasts Q2 revenue above estimates; TXN jumps 10%+ after hours (Ian King/Bloomberg)

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